This study examines serial correlation in employment, sales and innovative sales growth rates in a balanced panel of 3 …-parametric quantile regression approach. This methodology is well suited to cases where outliers (high-growth firms) are the subject of … innovative firms experiencing high employment growth, the smaller and younger grow faster than larger firms, but the jobs they …

between a firm’s financial situation and its conditional expected growth rate. Specifically, using quantile regressions, we … obtain a quantitative characterization of this relation for different quantiles of the growth rates distribution. We find … growth-finance relation. Indeed, the vast majority of the explanatory variables considered are associated with modifications …

We propose an aggregate growth index that explicitly accounts for non-normality in the micro-economic distribution of … firm growth rates and for the presence of a negative scaling relation between their volatility and the size of the firm … two parts, describing respectively the modal (typical) value of growth rates and the tilt (asymmetry) of their …